B. Riley Securities Downgrades Vishay Precision Group to Neutral, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Josh Nichols downgraded Vishay Precision Group (VPG) from Buy to Neutral and reduced the price target from $37 to $36.
May 08, 2024 | 9:47 am
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Vishay Precision Group was downgraded by B. Riley Securities from Buy to Neutral with a price target reduction from $37 to $36.
The downgrade from Buy to Neutral by a significant analyst firm like B. Riley Securities, accompanied by a reduction in price target, typically signals a less optimistic outlook on the stock's future performance. This can lead to decreased investor confidence and potentially a short-term decline in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100